{"id":19546,"date":"2020-09-08T18:36:57","date_gmt":"2020-09-08T17:36:57","guid":{"rendered":"https:\/\/www.qbssoftware.com\/neur\/blog\/qbs-broadens-specialist-software-reach-in-compuwave-acquisition\/"},"modified":"2024-05-15T09:49:38","modified_gmt":"2024-05-15T08:49:38","slug":"qbs-broadens-specialist-software-reach-in-compuwave-acquisition","status":"publish","type":"post","link":"https:\/\/qbs01devsc.qbssoftware.com\/neur\/qbs-broadens-specialist-software-reach-in-compuwave-acquisition\/","title":{"rendered":"QBS Broadens Specialist Software Reach In Compuwave Acquisition"},"content":{"rendered":"<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">QBS, specialist distributor of enterprise software delivery platforms for the B2B and B2C markets, has acquired German distributor Compuwave in a deal set to broaden both companies\u2019 European reach as well as coverage of innovative \u2018non-standard\u2019 software.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Dave Stevinson [<span style=\"margin: 0px;padding: 0px;border: 0px;vertical-align: baseline;font-style: italic\">pictured<\/span>], CEO of&nbsp;<a href=\"https:\/\/www.qbstechnology.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" style=\"margin: 0px;padding: 0px;border: 0px;vertical-align: baseline\">QBS Technology Group<\/a>, said Compuwave represented \u201canother exceptionally high-quality addition to our European network\u201d.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">\u201cCompuwave represented a most compelling opportunity to acquire a fast growing and highly focused business with a strong management team,\u201d Stevinson said.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">\u201cThis is our third acquisition since the outbreak of Covid-19 in March.\u201d<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Compuwave, which has 35 staff across offices in Munich and Berlin, reported turnover of \u20ac30m in 2018. It has more than 1600 active resellers \u2013 including major corporate resellers in Germany, Austria and Switzerland, cloud services providers and systems integrators \u2013 on its books.&nbsp;<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">The 13-year-old company offers solutions from 3800 software publishers, including Progress, JetBrains, Teamviewer and Techsmith.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Oliver Schnapka, joint CEO of&nbsp;<a href=\"https:\/\/www.compuwave.de\/de\/ueber-uns\/compuwave-philosophie\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" style=\"margin: 0px;padding: 0px;border: 0px;vertical-align: baseline\">Compuwave<\/a>, said QBS and Compuwave shared a vision for growth as well as a history of investing in the future.&nbsp;<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">\u201cThe acquisition confirms our business strategy and enables us to further accelerate our profitable growth both in the DACH region and across Europe,\u201d he said.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Stevinson indicated that QBS expects to support Compuwave\u2019s targeted growth trajectory and expansion plans via QBS\u2019s latest delivery platform release. Compuwave customers will benefit from exposure to a broader range of customers through the platform.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Holger Brunken, joint CEO and founder of&nbsp;<a href=\"https:\/\/www.compuwave.de\/de\/ueber-uns\/presseportal\/pressetexte\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" style=\"margin: 0px;padding: 0px;border: 0px;vertical-align: baseline\">Compuwave<\/a>, said the pair of companies had been collaborating for 13 years and had shared values.&nbsp;<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">The acquisition would drive further growth at both distributors, he indicated, with all three company CEOs working together to grow the international business alongside their core markets: UK, Germany, France and the Baltic states.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Compuwave will continue to operate as a standalone business with both entities capitalising on the benefits of the acquisition, according to QBS\u2019 deal announcement.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px 0px 1em;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\"><a href=\"https:\/\/www.qbstechnology.com\/our-story\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" style=\"margin: 0px;padding: 0px;border: 0px;vertical-align: baseline\">QBS Technology Group<\/a>&nbsp;offers software via four approaches: VAD\/services, MSP\/CSP, software delivery, and consumer software.<\/p>\n<p style=\"font-size: 16px;margin-bottom: 0px;padding: 0px;border: 0px;vertical-align: baseline;font-family: Raleway, Helvetica, Arial, Lucida, sans-serif\">Almost 10,000 publishers are hosted via the QBS platform, with 5000 European resellers engaging and trading through the platform, according to the official press announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>QBS, specialist distributor of enterprise software delivery platforms for the B2B and B2C markets, has acquired German distributor Compuwave in a deal set to broaden both companies\u2019 European reach as well as coverage of innovative \u2018non-standard\u2019 software. Dave Stevinson [pictured], CEO of&nbsp;QBS Technology Group, said Compuwave represented \u201canother exceptionally high-quality addition to our European network\u201d. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[9000],"tags":[],"post_vendor":[],"class_list":["post-19546","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.5 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>QBS Broadens Specialist Software Reach In Compuwave Acquisition - QBS Software - Northern Europe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qbs01devsc.qbssoftware.com\/neur\/qbs-broadens-specialist-software-reach-in-compuwave-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QBS Broadens Specialist Software Reach In Compuwave Acquisition\" \/>\n<meta property=\"og:description\" content=\"QBS, specialist distributor of enterprise software delivery platforms for the B2B and B2C markets, has acquired German distributor Compuwave in a deal set to broaden both companies\u2019 European reach as well as coverage of innovative \u2018non-standard\u2019 software. 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